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VACANT LAND PURCHASE AGREEMENT 124. Page 4 125. Address 7261 Main Street.Centerville 126. Seller shall pay on the date of dosing all real estate taxes due and payable in all prior years including all penalties and 127. interest. 128. ❑ BUYER SHALL PAY [✓] SELLER SHALL PAY on date of dosing any deferred real estate taxes Xho*ons 129. (e.g.Green Acres)or special assessments,payment of which Is required as a result of the dosing of this sale. 130. Q BUYER AND SELLER SHALL PRORATE AS OF THE DATE OF CLOSING ❑ SELLER SHALL PAY ON (great one 131. DATE OF CLOSING all installments of special assessments certified for payment,with the real estate taxes due and 132. payable in the year or dosing. 133. 0 BUYER SHALL ASSUME❑SELLER SHALL PAY on date of closing all other special assessments levied as (Check one.}-- 134, of the date of this Purchase Agreement. 135. ❑BUYER SHALL ASSUME Q SELLER SHALL PROVIDE FOR PAYMENT OF special assessments pending as (Check one. 136. of the date of this Purchase Agreement for improvements that have been ordered by any assessing authorities. 137. (Sellers provision for payment shall be by payment into escrow of two (2) times the estimated amount of the 138. assessments or less,as required by Buyer's lender.) 139. Buyer shall pay any unpaid special assessments payable in the year following dosing and thereafter,the payment of 140. which is not otherwise herein provided. 141. As of the date of this Purchase Agreement, Seller represents that Seller❑HAS[2]HAS NOT received a notice 142. regarding any new improvement project from any assessing authorities,the costs of which project may be assessed 143. against the property. Any such notice received by Seller after the date of this Purchase Agreement and before 144. dosing shall be provided to Buyer immediately.if such notice is issued after the date of this Purchase Agreement and 145. on or before the date of closing,then the parties may agree in writing,on or before the date of dosing,to pay,provide 146. for the payment of or assume the special assessments.In the absence of such agreement, either party may declare 147. this Purchase Agreement canceled by written notice to the other party,or licensee representing or assisting the other 148. party,in which case this Purchase Agreement is canceled.If either party declares this Purchase Agreement canceled, 149. Buyer and Seller shall immediately sign a Cancelladon of Purchase Agreement confirming said cancellation and 150. directing all earnest money paid hereunder to be refunded to Buyer. 151. Buyer shall pay ❑ PRORATED FROM DAY OF CLOSING ❑ 12ths OF❑Q ALL ❑ NO real estate (Check-4 - 152. taxes due and payable in the year 201,x-. 153. Seller shall pay, ❑PRORATED TO DAY OF CLOSING❑ 12the OF❑ALL❑✓ NO real estate taxes (great a". 154. due and payable in the year 20 13 .If the dosing date is changed,the real estate taxes paid shall,if prorated, 155. be adjusted to the new dosing date. 156. Buyer shall pay real estate taxes due and payable In the year following dosing and thereafter,the payment of which 157. is not otherwise herein provided. No representations are made concerning the amount of subsequent real estate 158. taxes. 159. POSSESSION: Seiler shall deliver possession of the property no later than June 16,2014 after closing. 160. All interest,unit owners'association dues;rents;and charges for city water,city sewer,electricity and natural gas shall 161. be prorated between the parties as of date of closing.Buyer shall pay Seller for remaining gallons of fuel oil or liquid 162. petroleum gas on the day of dosing,at the rate of the last fill by Seger.Seller agrees to remove ALL DEBRIS AND 163. ALL PERSONAL PROPERTY NOT INCLUDED HEREIN from the property by possession date. MN:VLPA-4(8109)